-Refer to the Above Graph to Answer This Question

question 106

Multiple Choice

-Refer to the above graph to answer this question.What is the value of autonomous aggregate expenditures?

• A)0.
• B)100.
• C)200.
• D)800.
• E)1,000.

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Definitions:

Frederic Bastiat

A French economist and writer known for his advocacy of free markets and his critique of protectionism.

World Trade Organization

An international body that oversees global trade rules between nations, aiming to ensure trade flows as smoothly, predictably, and freely as possible.

Multinational Corporations

Large companies that operate and have assets in several countries, allowing them to produce and sell goods and services across national borders.

Trade Adjustment Assistance

A federal program designed to help workers who have lost their jobs as a result of international trade find new employment.